Can I withdraw money from my Market Savings deposit? How long do withdrawals take?

Modified on Thu, 19 Oct 2023 at 08:27 AM

Save customers can withdraw their deposits at any time during the term of their investment, but if you want to earn the maximum APY* possible, we advise you to leave your money with us for the full term of the investment.  


Processing times for withdrawal requests may vary and depend on the unwind and settlement of the investments associated with the initial Market Savings deposit. Withdrawal requests will be fulfilled via an ACH electronic transfer of your initial deposit to your linked bank account and will typically be completed within 15-20 business days of the initial request. 


Any investment gains (minus our management fee and costs associated with early withdrawal) will be transferred to your linked account within 15-20 business days after the deposit's related investment program closes.


Any costs associated with early withdrawal will be netted against any investment returns. Save customers will be responsible for early withdrawal costs in scenarios where there is no investment return to cover early withdrawal costs. See the Save Advisers Client Brochure - Form ADV Part 2A for further details on the Market Savings Wrap Program and unwind costs associated with early withdrawal.


You cannot partially withdraw deposit funds from an investment program.


If you only have one active investment program and choose to withdraw it, your Save account will close as well. 


Go to your Profile & Settings menu to manually withdraw funds and select Withdraw Funds. Follow the prompts from there. Please contact customer support if you have any additional questions on your withdrawal request or need help during the process contact customer support.


You can review your investment performance from the Save app or online dashboard.

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